Qualcomm Inc Stock Price, News & Analysis

Qualcomm's 2022 Corporate Responsibility Report highlights the growth of the Qualcomm Women Employee Network, which now has nearly 10,000 members across 25 chapters, representing about 20% of the workforce. This initiative focuses on promoting gender inclusion, offering mentorship, leadership opportunities, and outreach for women in STEM. The network has established 15 Peer Groups with over 1,000 participants, organizing more than 600 events. Furthermore, a Male Allyship program has been piloted to encourage male advocacy for gender inclusion. The initiative aims to foster a supportive community for women's career development.

Qualcomm is committed to enhancing its sustainability efforts as outlined in its 2022 Corporate Responsibility Report. This initiative focuses on efficiently utilizing resources, including water and energy, while aiming to lower emissions and minimize waste. The company's Governance Committee oversees sustainability efforts, working alongside the ESG Leadership Committee, which includes senior management from various departments. Qualcomm emphasizes the importance of collective action in addressing environmental concerns, aiming to integrate corporate responsibility into its core business strategy.

Qualcomm emphasizes the importance of diversity in innovation and recruitment, as detailed in its 2022 Corporate Responsibility Report. The company highlights successful partnerships with organizations like AnitaB.org and the National Society of Black Engineers, aimed at increasing hiring rates for women and underrepresented minorities. Their initiatives include hosting booths at tech conferences and career fairs, engaging military veterans, and promoting re-entry programs for professionals. Qualcomm aims to create an inclusive culture that enriches its talent pipeline and meets customer needs globally.

Qualcomm highlights its commitment to ethical operations in its 2022 Corporate Responsibility Report. The company emphasizes diversity, inclusion, and employee development through strong compensation and wellness programs. Qualcomm prioritizes cybersecurity to protect its operations and intellectual property while maintaining high standards for data privacy. Additionally, Qualcomm supports public policies that drive innovation and mobile technology growth.

Qualcomm Technologies, Inc. has announced the shortlisted teams for the Qualcomm Vietnam Innovation Challenge 2023, with ten startups in various technology sectors, including smart cities and robotics, receiving a US$10,000 grant each. The program aims to support Vietnam's digital transformation by offering technical assistance, business coaching, and intellectual property training over an 8-month incubation period. The finalists will compete for cash prizes totaling US$225,000. This year witnessed a record number of applications, indicating the growth of Vietnam's startup ecosystem.

Qualcomm has published its 2022 Corporate Responsibility Report, highlighting its role as a global leader in wireless technology. The company's inventions drive the growth of smartphones and connectivity in various sectors including automotive and IoT. Qualcomm emphasizes its commitment to fair licensing practices, collaboration with ecosystem partners, and investment in research and development (R&D). The firm aims to inspire innovation across emerging markets through mentorship programs. Additionally, Qualcomm's Technical Business Review process ensures alignment between technology development and product roadmaps.

Qualcomm Incorporated (NASDAQ: QCOM) announced a 7% increase in its quarterly cash dividend, raising it from $0.75 to $0.80 per share, effective for dividends payable after March 23, 2023. This adjustment marks an annualized payout of $3.20 per share. CEO Cristiano Amon emphasized the company's commitment to returning capital to shareholders through a balanced approach, including stock repurchases. The announcement reflects Qualcomm's ongoing efforts to enhance shareholder value amidst a focus on innovation in connectivity and smart devices.

Qualcomm, through its Wireless Reach initiative, launched the 5G Smart School program in collaboration with WeSchool, Telecom Italia (TIM), and Acer in Rome on March 7, 2023. This initiative aims to enhance education for secondary school students (ages 11-19) in Italy by providing advanced wireless technology solutions, including 5G connectivity and online learning platforms. The program will start with 2,000 students and 100 teachers across eight schools, aiming to bridge the digital divide and improve learning experiences. Key technologies include Snapdragon 5G-enabled devices and ongoing teacher training in digital methodologies.